ecns [expanded by feedex.net]
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China raises pensions for veterans, disabled servicemen
http://www.ecns.cn/2016/09-30/228811.shtml
Sep 30th 2016, 14:26
China will increase pension allowances for disabled soldiers, families of fallen soldiers and Red Army veterans, authorities said Friday.
The new plans take effect from October 1, the Ministry of Civil Affairs and the Ministry of Finance said in a joint statement.
Disabled persons, including soldiers, police and civil servants, will see their pensions raised 10 percent.
The same increase will go to families of fallen soldiers in urban areas and veterans of the Red Army (the military forces of the Communist Party of China 1927-1937).
After the adjustment, a soldier disabled in conflict will be eligible for up to 66,230 yuan (about 9,930 U.S. dollars) per year.
For those disabled performing official duties or due to disease, the top pensions will rise to 64,140 and 62,040 yuan respectively, the statement said.
The adjustment, the 26th since 1978, has unified standards for the families of fallen soldiers in urban and rural areas for the first time. They will receive annual pensions of up to 21,030 yuan.
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